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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 203365 [Title] => IFC extends $30-M loan to Manila Water [Summary] => The International Finance Corp. (IFC), the private investment arm of the World Bank, has extended a $30-million loan to the Manila Water Co. Inc.
In addition, IFC assisted Manila Water in securing a total of $115 million in various loan packages from a host of international and local financial institutions.
The other sources of funds are the German Investment and Development Co. ($20 million) and a consortium of six local banks which provided a total of $65 million.
[DatePublished] => 2003-04-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
DECLAN DUFF
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 203365 [Title] => IFC extends $30-M loan to Manila Water [Summary] => The International Finance Corp. (IFC), the private investment arm of the World Bank, has extended a $30-million loan to the Manila Water Co. Inc.
In addition, IFC assisted Manila Water in securing a total of $115 million in various loan packages from a host of international and local financial institutions.
The other sources of funds are the German Investment and Development Co. ($20 million) and a consortium of six local banks which provided a total of $65 million.
[DatePublished] => 2003-04-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Ted P. Torres | April 22, 2003 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
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During the conference, Finance Secretary Ralph Recto emphasized the importance of a business environment that supports consistent progress.
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